<< Back to The Business Case For Safety
TEXT VERSION OF SLIDE:
Title: SALES TO COVER COSTS*
Type: Data Slide with Images
Content:
| Accident Costs |
1% Profit |
2% Profit |
3% Profit |
| $ 1,000 |
$ 100,000 |
$ 50,000 |
$ 33,000 |
$ 5,000
(circled in yellow) |
$ 500,000 |
$ 250,000
(Circled in yellow with note: It is necessary to sell an additional
$250,000 in products or services to pay the cost of $5,000 annual losses |
$ 167,000 |
| $ 10,000 |
$ 1,000,000 |
$ 500,000 |
$ 330,000 |
| $ 25,000 |
$ 2,500,000 |
$ 1,250,000 |
$ 833,000 |
| $ 100,000 |
$ 10,000,000 |
$ 5,000,000 |
$ 3,330,000 |
* Source: OSHA's Safety Pays Web Site, 2004
[Includes clipart image of money tree.]
Speaker Notes:
From the OSHA Safety Pays website.
Another way to view the negative impact of even one accident on the business
--
If your profit averages 2% and Direct/Indirect costs total $5,000 then you
need an additional 1/4 million dollars in sales to break even --
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